Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$190M |
| 2 |
MNTA
Momenta Pharmaceuticals, Inc.
MNTA
|
+$178M |
| 3 |
Meta Platforms (Facebook)
META
|
+$172M |
| 4 |
AMTD
TD Ameritrade Holding Corp
AMTD
|
+$169M |
| 5 |
Microsoft
MSFT
|
+$166M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$278M |
| 2 |
Intel
INTC
|
+$223M |
| 3 |
PPLI
People Inc
PPLI
|
+$210M |
| 4 |
Mastercard
MA
|
+$210M |
| 5 |
Honeywell
HON
|
+$188M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 8.4% |
| 2 | Consumer Discretionary | 6.7% |
| 3 | Technology | 6.04% |
| 4 | Industrials | 5.81% |
| 5 | Financials | 5.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MBT
1351
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $8.61K | 0.01% |
986,597
+696,776
| +240% | +$6.33M |
|
|
TRIL
1352
DELISTED
Trillium Therapeutics Inc.
TRIL
| $8.59K | 0.01% |
604,457
-44,396
| -7% | -$443K |
|
|
AFIB
1353
DELISTED
Acutus Medical Inc
AFIB
| $8.57K | 0.01% |
+287,534
| New | +$8.73M |
|
|
ML
1354
DELISTED
MoneyLion Inc.
ML
| $8.56K | 0.01% |
+29,037
| New | +$8.53M |
|
1355
Regions Financial
RF
$26.8B
| $8.56K | 0.01% |
742,497
+499,714
| +206% | +$5.57M |
|
1356
iShares Core S&P 500 ETF
IVV
$902B
| $8.56K | 0.01% |
25,460
+13,081
| +106% | +$4.35M |
|
1357
CarMax
KMX
$8.26B
| $8.54K | 0.01% |
92,925
+40,429
| +77% | +$4.04M |
|
1358
Vishay Intertechnology
VSH
$5.43B
| $8.52K | 0.01% |
547,031
+334,061
| +157% | +$5.3M |
|
1359
Corsair Gaming
CRSR
$1.55B
| $8.5K | 0.01% |
+423,042
| New | +$7.36M |
|
1360
PG&E
PCG
$38.5B
| $8.48K | 0.01% |
903,283
-14,660,520
| -94% | -$136M |
|
1361
CALL
Encompass Health
EHC
$12.4B
| $8.47K | 0.01% |
+163,913
| New | +$8.41M |
|
|
FREE
1362
DELISTED
Whole Earth Brands, Inc. Class A Common Stock
FREE
| $8.46K | 0.01% |
1,014,155
-1,013,196
| -50% | -$7.97M |
|
|
MOR
1363
DELISTED
MorphoSys AG American Depositary Shares
MOR
| $8.45K | 0.01% |
269,087
+257,210
| +2,166% | +$8.33M |
|
1364
Everest Group
EG
$14.4B
| $8.44K | 0.01% |
42,708
+5,386
| +14% | +$1.15M |
|
|
GLUU
1365
DELISTED
Glu Mobile Inc.
GLUU
| $8.42K | 0.01% |
1,096,644
-294,467
| -21% | -$2.47M |
|
1366
Bentley Systems
BSY
$10.6B
| $8.41K | 0.01% |
+267,819
| New | +$8.65M |
|
1367
First Majestic Silver
AG
$9.07B
| $8.38K | 0.01% |
880,787
+843,186
| +2,242% | +$9.82M |
|
1368
Equinor
EQNR
$92.4B
| $8.38K | 0.01% |
596,329
+407,485
| +216% | +$6.29M |
|
1369
MarketWise
MKTW
$56.6M
| $8.35K | 0.01% |
+42,000
| New | +$8.37M |
|
1370
PUT
Carnival Corporation Ltd
CCL
$39.7B
| $8.35K | 0.01% |
550,000
-770,000
| -58% | -$11.9M |
|
1371
Microvast
MVST
$302M
| $8.32K | 0.01% |
817,700
-436,590
| -35% | -$4.44M |
|
1372
New Oriental
EDU
$8.98B
| $8.31K | 0.01% |
55,567
-15,821
| -22% | -$2.29M |
|
1373
iShares National Muni Bond ETF
MUB
$45.5B
| $8.3K | 0.01% |
71,624
+40,869
| +133% | +$4.75M |
|
1374
Sea Limited
SE
$69.5B
| $8.3K | 0.01% |
53,894
+47,689
| +769% | +$6.44M |
|
|
PGRE
1375
DELISTED
Paramount Group
PGRE
| $8.3K | 0.01% |
1,172,478
+251,859
| +27% | +$1.83M |
|
Similar funds
Millennium Management's Q3 2020 Portfolio in Review
As of Q3 2020, Millennium Management held 5,106 positions worth $81.2M, down 100% from $73B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Millennium Management deployed $869M of net new capital in Q3 2020, opening 989 new positions and adding to 1,503 existing holdings. Its largest new stake was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120K.
By sector, the portfolio is most concentrated in Healthcare at 8.4% of assets, down from 8.6% a quarter earlier, followed by Consumer Discretionary and Technology.
On the sell side, the largest reduction was JPMorgan Chase, an estimated $278M trimmed.
- Millennium Management's largest Q3 2020 buy was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120K.
- Millennium Management added most to Varian Medical Systems, Inc. in Q3 2020, an estimated $190M increase.
- Millennium Management's biggest Q3 2020 reduction was JPMorgan Chase, cutting an estimated $278M.
- Millennium Management fully exited Tech Data Corp in Q3 2020, selling an estimated $186M.
- Millennium Management's ten largest holdings make up 18% of its $81.2M portfolio in Q3 2020.
- Millennium Management opened 989 new positions and closed 724 in Q3 2020.
- Millennium Management's portfolio value fell 100% quarter-over-quarter to $81.2M.
Based on Millennium Management's 13F filing for Q3 2020, filed 16 Nov 2020.